SIA Engineering

All the data are extracted from the results (please counter-check in case of error),

  

FY07

FY08

FY09

FY10

FY11

Q112

Q212

Q312

Revenue

997

1,010

1,045

1,006

1,107

278

272

303

Operating Profit

102

103

113

110

136

35

34

28

PBT

271

286

301

263

296

77

78

72

Net Profit

242

254

261

238

261

69

72

64

NPM

24.8%

25.1%

25.2%

23.7%

23.6%

24.8%

26.4%

21.1%

Cash

400

437

373

426

581

645

389

388

Loan – CL

0.8

0.0

0.8

0.0

1.7

1.7

2.0

2.3

NAV (ct)

93.90

104.7

114.0

117.0

119.4

125.0

108.9

109.0

EPS (ct)

22.97

23.71

24.20

21.88

23.77

6.23

6.50

5.79

DPS (ct)

8 + 4

16 + 4

11 + 5

13 + 5

14* + 6

6

Notes :

  • All figures in S$M unless otherwise stated
  • FY is End-Mar
  • * Add to Final, Special = 10ct

One Comment to SIA Engineering

  1. KK says:

    Positives

    • NPM = 20%+
    • Negligible Debts
    • Yield = 5%+

    Projections

    • FY12 (Mar) looks set for EPS = 24.xxct (FY11 = 23.77ct).
    • Very likely, Final Div = 14ct (FY11 : Final = 14ct + Special = 10ct).
    • Unlikely they'll pay a Special Div (look at their Q312 vs Q311 Cash).
    • Note that Share Price had also run up a bit lately to $3.77.
       

    Refer to VB forum + 'MusicWhiz' blog for more detailed analysis.

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